Solved by verified expert :Business Forms WorksheetETH/321 Version 4University of Phoenix MaterialSample Business Forms WorksheetThere are seven forms of business: sole proprietorship, partnership, limited liability partnership, limitedliability company (including the single member LLC), S Corporation, Franchise, and Corporation.1. Select one of the forms of business2. Research and provide three advantages and three disadvantages for this business form.3. Provide a 100- to 200-word summary in which you provide an example business for each form.Discuss at least one of the advantages and one of the disadvantages of that form and potential legalforms that might be required.Business Form:Advantages1.2.3.Disadvantages1.2.3.SummaryCopyright © 2015 by University of Phoenix. All rights reserved.1